Introduced
by
To allow a totally and permanently disabled sole beneficiary of a trust to receive a homestead or qualified agricultural property tax exemption if the trust purchased or acquired the property as a principal residence for the beneficiary. This would exempt the property from the 18 mills levied by a local school district for school operating purposes.
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one clarifying that it also applied to property acquired by a trust to be principle residence of the beneficiary.
The substitute passed by voice vote
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To tie-bar the bill to House Bill 4811, meaning this bill cannot become law unless that one does also. HB 4811 would repeal Michigan's ban on suing the maker of prescription drugs that have been approved by the FDA, unless there was fraud involved.
The amendment failed by voice vote
Substitute offered
by
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the House 104 to 1 (details)
To allow a totally and permanently disabled sole beneficiary of a trust to receive a homestead or qualified agricultural property tax exemption if the trust purchased or acquired the property as a principal residence for the beneficiary. This would exempt the property from the 18 mills levied by a local school district for school operating purposes.
Received
To give the bill immediate effect.
Passed in the House 105 to 0 (details)
Passed in the Senate 38 to 0 (details)
To concur with the House-passed version of the bill.
